Gold prices fell on Wednesday, December 31, with MCX gold futures falling by Rs 1,140 or 0.8% from their previous close of Rs 1,36,666 to hit an intraday low of Rs 1,35,526. The decline followed a period of sharp volatility caused by heightened geopolitical tensions, which had pushed prices up significantly earlier this week.On the […]
Major U.S. stock indexes closed around record highs on Friday, little changed since the start of a quiet post-Christmas trading session, as expectations of Federal Reserve rate cuts and the appeal of safe-haven assets pushed precious metals prices to record highs. Holidays kept markets closed in Australia, Hong Kong and most of Europe, but those […]
London: Gold and silver rose to record highs as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades. Bullion climbed as much as 1.9% to surpass the previous high of $4,381 an ounce set in October, while silver rose as much as […]
Gold prices rose slightly on Monday, recovering after a sharp fall last week from record highs above $4,300 an ounce following US President Donald Trump’s comments that eased US-China trade tensions and pushed investors into riskier assets. RAW MATERIALS * Spot gold rose 0.4% to $4,263.59 an ounce as of 02:03 GMT, after losing about […]
It is back to searching data for signs of how quickly, or not at all, further cutbacks can come from large economies, the central bank of Switzerland and world leaders are gathering in New York for the general meeting of the UN against a tense geopolitical background. 1. Back to interest rates The American Federal […]
Golden prizes came back sharply with RS 800 to RS 1.14,000 per 10 grams in the National Capital on Friday tracking agency Worldwide signals in the midst of escalating geopolitical tensions and renewed trade frictions between the US and China. According to the All India Sarafa Association, the yellow metal of 99.9 percent purity was […]
A long -awaited summit between US President Donald Trump and Russian President Vladimir Putin did not bring any agreement on Friday to resolve or pause Moscow’s war in Ukraine, despite the fact that both leaders describe the conversations in Alaska as productive. During a short appearance for the media after the almost three-hour conversations, the […]
The port sector of India is expected to grow at a faster pace than many large worldwide economies, despite global geopolitical tensions and uncertainties according to a recent report from PL Capital. The growth is driven by rising domestic consumption, increasing trade volumes and strong infrastructure projects led by the government. It stated: “We believe […]